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Search Result for “reap profits”

Showing 1 - 10 of 26

BUSINESS

Chiang Mai tourism in flux

Business, Narumon Kasemsuk, Published on 09/02/2026

» Chiang Mai, once dominated by Chinese visitors, has gradually changed as the foreign market diversifies, with more arrivals from South Korea and Japan, as well as a notable resurgence of long‑haul tourists.

BUSINESS

World Cup set to provide major economic boost

Business, Narumon Kasemsuk, Published on 24/12/2025

» Among the world's largest events, the Fifa World Cup attracts a massive global audience, extending far beyond the 48 countries competing for the trophy.

BUSINESS

Chiang Mai guesthouses pivot to long-haul markets

Business, Narumon Kasemsuk, Published on 20/12/2025

» Tourism in Chiang Mai could reap benefits from robust long-haul markets, while the segment is expected to continue growing next year as LOT Polish Airlines became the latest carrier to confirm a new scheduled flight to Bangkok.

BUSINESS

Cambodian visitor numbers down 48% since border clash

Narumon Kasemsuk, Published on 20/06/2025

» The number of Cambodian tourists visiting Thailand has plunged by 48% this month due to border closures, weakening a market that has slowed since last year, though Thai AirAsia reports a strong load factor on flights from Bangkok to Cambodia.

PROPERTY

Associations see minimal impact from rate cut

Business, Narumon Kasemsuk, Published on 01/11/2024

» Three property associations forecast a slim impact from the recent policy rate cut, as interest rates for mortgages were reduced by only 0.125%.

BUSINESS

Privilege Card posts solid profit

Business, Narumon Kasemsuk, Published on 21/03/2024

» The growth in membership of the Thailand Privilege Card has been attributed in a large part to geopolitical conflict and political unrest in numerous countries, with the number of members from such countries surging to 3,871, according to the operator of the card.

BUSINESS

Index Living Mall eyes Furinbox growth

Business, Narumon Kasemsuk, Published on 19/03/2024

» Despite a high mortgage rejection rate in the low-income segment, SET-listed Index Living Mall (ILM) saw this group become one of the fastest-growing segments last year, prompting the company to expand its brand to be competitive through the sale of non-branded furniture and affordable products made in China.

BUSINESS

Hotel margins dented by rising costs

Business, Narumon Kasemsuk, Published on 03/02/2024

» The end of reductions for property tax and elevated energy prices this year have pushed up operating costs for hotels by at least 10%, leading to lower margins even as they service more guests.

BUSINESS

Cannabis issue still causing jitters

Business, Narumon Kasemsuk, Published on 03/05/2023

» Since the government legalised cannabis on June 9, 2022 by removing the plant from the list of prohibited narcotics, the tourism sector was expected to reap a windfall as Thailand was the first country in Asia to allow hemp consumption for certain purposes, other than recreational use.

BUSINESS

TAT prepares new phase of subsidies

Business, Narumon Kasemsuk, Published on 20/10/2022

» The new phase of the domestic tourism subsidy programme is being drafted with an additional 3-4 million hotel rooms, double the number in the fourth phase, which is scheduled to end this month, as the government aims to push GDP growth to 3.3% this year.